Ford’s equipped the EcoBoost’s interior with dual zone climate control, sat-nav, aluminium pedals, a leather steering wheel and power leather seats. There’s also Ford’s new SYNC2 media interface system displayed through an 8-inch touchscreen that comes with a rear-view camera and Bluetooth capability.

What the GT’s $10K premium buys you first is a 303kW/525Nm 5.0-litre Coyote V8 (which is less power than America’s Mustang GT, explained why here). The GT also gets front 380mm discs married to Brembo six-piston calipers, and a staggered set of ‘Ebony Black’ 19-inch wheels wrapped with 255mm-wide rubber (front) and 275mm (rear).

Where’s the Performance Pack, you ask? While the Australian-spec GT Mustang has borrowed the same 19-inch wheels from the American GT’s optional Performance Pack, the shorter 3.7:1 helical LSD and stiffer suspension have been left out, Ford telling MOTOR they may become available at a later date.

Personalising your Mustang comes in the way of four options: Coupe model buyers can cough up an extra $650 for ‘Over the Top’ stripes, unless they’ve gone for the black painted roof look, which Ford says is a $975 option. GT owners are given the chance to have their 19s finished in ‘Luster Nickel’ for $500, the same price for prestige paint available on all Mustangs.

Meanwhile, no update has been provided as to when the Ford Mustang will arrive, with the model still slated for arrival late this year.